Skip to content

T.I. owes over $4.5 million in unpaid taxes, IRS may seize property and assets

Moet & Chandon Presents The Bet HipHopAwards Executive Lounge Photos by Thaddaeus McAdams

Photo credit: Thaddaeus McAdams

Uncle Sam is coming after T.I. after he failed to pay his taxes. The self-professed “Rubber Band Man” reportedly owes $4.5 million in unpaid taxes, and a lien has been issued on his property, including his multi-million dollar home and other high-priced items.

T.I., aka Clifford Harris, and his wife Tameka “Tiny” Cottle Harris accumulated $1,397,283.47 in unpaid taxes in 2012 and neglected to pay $3,173,476.39 from his personal income taxes in 2013, Daily Mail reported. This totals to over $4.5 million, and the IRS has filed two tax liens on the entertainer to collect the sum.

Due to the lien placed against the 34-year-old’s assets and property, some of his most expensive possessions are in danger of being seized, including his $4 million Georgia home and his luxury cars priced in the six figure range, such as his Ferrari F430 Spider and Bentley Mulsanne, according to the publication.

From the outside looking in, the Grand Hustle Records CEO seemed to be in stable financial standing. He is worth an estimated $50 million, according to Celebrity Net Worth, and he is involved in several business ventures that appear to be successful.

He owned Club Crucial, his own nightclub in Atlanta which is considered one of the most popular spots in the city. In May of this year, T.I. opened his new soul food and fine dining restaurant, Scales 925, in downtown Atlanta, which has garnered mixed reviews. He also continues to star in television shows, such as his reality show, “T.I. & Tiny: The Family Hustle,” and movies like this year’s Ant-Man.